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Overtime Tax Deduction Explained: How a CPA Helps You Claim It Correctly

If you earned overtime pay, a new federal tax law may reduce your tax bill — but only if it’s calculated correctly. The One Big Beautiful Bill Act (OBBBA) introduced a temporary overtime tax deduction for tax years 2025 through 2028. While the opportunity is real, the rules are technical and often misunderstood. Many taxpayers […]

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What To Expect For Tax Year 2022 – Some Of The Rules Have Changed

Child Tax Credit – reverts to the benefits available prior to the American Rescue Plan as follows: Reverts to up to $2,000 for 2022 – 2025 Each dependent child must be under age 17 Refundable up to $1,400, but no longer fully refundable Advance payments were not issued for tax year 2022 The credit is […]

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